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China Updates Tax Refund Policy For Foreign Tourists

China has updated its tax refund policy for foreign tourists, shifting from a refund-upon-departure policy to a refund-upon-purchase model, the State Taxation Administration (STA) says. The STA said on Tuesday that under the new refund-upon-purchase policy, foreign visitors could instantly claim Value Added Tax (VAT) rebates at tax-free stores. It said the policy would enable…

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Nigeria Reaffirms Commitment To One-China Policy

Rep Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reaffirmed Nigeria’s unwavering commitment to the One-China Policy. The Committee Chairman made this statement in Abuja on Tuesday, responding to remarks attributed to Andy Yih-Ping Liu, Head of Taiwan’s Trade Mission in Nigeria. Yakubu emphasised that Nigeria recognized Taiwan as…

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China’s Greater Bay Area Sees Improving Connectivity

The Guangdong-Hong Kong-Macao Greater Bay Area has been said to be improving connectivity in infrastructure, rules and mechanisms, as well as people-to-people exchanges, a spokesperson said Tuesday. The Greater Bay Area’s development is a major national strategy, said Lou Qinjian, spokesperson for the third session of the 14th National People’s Congress, China’s national legislature. This…

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